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Lloyds buys back $57.24 million of Bank of Scotland's perpetuals
By Angela McDaniels
Tacoma, Wash., July 14 - Lloyds Banking Group plc announced that $57.24 million principal amount of Bank of Scotland plc's perpetual floating-rate primary capital notes (ISIN GB0000765403) was repurchased on July 13.
The repurchase leaves $179.96 million principal amount of the notes outstanding.
Bank of Scotland issued $250 million of the notes in 1985.
Lloyds Banking Group provides banking and financial services and is based in London.
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